Form 4: Select Medical Holdings Corp: Officer Mullin Thomas P Reports Tax Withholding Share Surrender
SEC Form 4 Filing
Co-President Mullin Thomas P surrendered 11,023 shares of Select Medical Holdings Corp to cover tax obligations related to vesting restricted stock on October 27, 2024.
Summary
- On October 27, 2024, Thomas P Mullin, Co-President of Select Medical Holdings Corp, surrendered 11,023 shares of common stock to satisfy tax withholding obligations.
- The shares were surrendered at a price of $31.74 per share.
- Following the transaction, Mullin directly owns 350,496 shares of Select Medical Holdings Corp.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. This filing indicates a routine transaction related to tax obligations from vested equity.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/27/2024 | Date of transaction: Mullin surrendered shares to cover tax obligations. |
| 10/28/2024 | Date of signature by Attorney-in-Fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.